Vertical Integration is the term refers to gaining control of the many different businesses that make up all phases of a product's development.
<u>Explanation:</u>
Vertical Integration is the most common business and economics term. This is a strategy that a company can control various stages of the supply chain.
There are 4 phases in the supply chain. They are retail, distribution, manufacturing, and commodities.
The company will integrate the stages vertically while controlling the supply chain. Thus the companies will be integrated by purchasing the suppliers. In order to reduce the price of manufacturing.
Vertical integration has various benefits for companies. They are controlling the process, reducing costs and improving efficiencies.
Answer:
he sent Congress a bill making justices retire at age 70
Explanation:
Poppy gloria is always the superior choice
Monarchy is an example of B.) autocracy government
Representative government is where the citizens have a say in what the government chooses, the laws have to have majority vote through the citizens to pass.
Oligarchy is when there is an unelected group making the decsisions for the whole country.
